Skip to main content

About your Search

English 19
Search Results 0 to 18 of about 19 (some duplicates have been removed)
felt would be resolved ultimately in some form the way that it was. the debt ceiling crisis does sort of put these o'two sides, the republicans and democrats and the white house and congress head to head. once again right now, the republicans have insisted that the only way they will raise that debt ceiling past the 16.4 trillion mark where it is right now is if they get dollar for-dollar spending cuts that match that raise. the president has said, his press secretary has said, they will not negotiate on this issue. on the fiscal cliff issue they were willing to negotiate. there were obviously conversations behind the scenes. we know the leaders of congress came here to the white house. on the debt ceiling issue it is dramatically different. and on top of that you also have two other issues where these two sides will be going head to head. again, the issue of sequester. and obviously, the continuing resolution, basically the way the government is paid for going forward. so we've got a busy couple months ahead of us. >> we do. hey, peter, we have to take note that we're going to see yo
on fiscal issues. on the debt ceiling, it made no sense to risk the full faith and credit of the united states for whatever agenda you have. the business community felt that. the public felt that. and so the fact that they have backed off both -- not only the idea that we should hold debt ceiling hostage, but second that it shouldn't be one for one cuts, you know, boehner used to say that, the house proposal doesn't say that, dollar in cutting for every dollar in raising the debt ceiling. >> would you support a short-term measure to force you to pass a budget? >> i think it should be longer because we don't want to play fiscal cliff every three months. but it's a positive step. on the budget -- >> on the spending reform measures, you never get a clean debt ceiling raise. >> yes, you should. >> that's not a question of whether you should. but historically it's not been the case. >> mitch mcconnell proposed it two years ago and we passed it. but let me say this on the budget. we democrats have always intended to do a budget this year. for two reasons. first, it is not true that we haven't
over the debt ceiling at all. it wasn't a big issue. i was covering politics for nbc at the time. the debt ceiling increase was seen as a procedure and a very partisan vote then but not something you were reporting on for weeks and months like we have in 2011 then and now on the debt ceiling debate and, of course, what happened in 2011 was a loss to the nation's credit rating. there's big differences between 2006 and now. >> and also, to factor in with the differences you pointed out is how much the president has offered in negotiations. as far as cutting spending, not as if it's been a zero sum game from the white house regarding the nation's spending problem and an acknowledgment of that. >> one of the messages president obama is trying to get across today how much is cut in spending, whether it was in that 2011 debt ceiling agreement in the budget control act, whether it was also the revenue that was increased with the end of the fiscal cliff talks that we had right at the beginning of the new year, tamron. so, president obama said, look, we have really cut a lot of spending.
ceiling or a whole range of other issues that the current president -- >> look, martin, du h, lincoln would agree with me on everything. this is the unmistakable mandate of history. we all know this. >> right. thank you very much. thomas frank, thank you. >>> next, the president may be one step closer to getting his man. but first, sue herera has the cnbc market wrap. good afternoon. >> good to see you, martin. let's check in on how wall street finished today's trading session. it was a volatile trading day and the dow jones managed to gain 27 points. the s&p gained just under 2 points on the trading session. and the nasdaq with a drag from face boonk to the downside finished down 6.75 points. that's it from cnbc. we are first in business worldwide. martin is back after a quick break. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he
to face the tax issue, as well. it's not just raising the debt ceiling that he's going to have to deal with. but he's going to have to negotiate with the republicans and perhaps try to change the tax code. all of these things are things he's already signaled he wants to do. what's fascinating is that this is a president who wanted to be a domestic president in the last -- in his first term and he was saddled with an economic situation and two wars to deal with. now is a shot to be that domestic president and make some really big change. but he's going to have to work with republicans in the house in order to get big things accomplished. >> and clearly what he wants to do is have some influence on voters. and though the official announcement is expected today, we do know that obama for america is going to become this nonprofit supporting his agenda. what kind of influence could this have? >> well, i think if you're an obama supporter, you hope it has more influence than it did or what they tried to do during his first term. they talked a lot about this leveraging his campaign which ever
that are about the debt ceiling and that sort of thing, because this is not really on that topic. >> it is not on that at all and we should de-link it in all of the discussions, and i do belief that the atmosphere is there for us to do so. >> congressman clyburn, i so appreciate your taking the time and it is nice to be in washington to speak with you. >> thank you so much for being with us. you are bringing a little sunlight. i want to tell your viewers what i saw out here before i got on here. >> the dancing that i do before the show. it does happen. up next, the insiders' guide to the gun debate. you heard of behind the scenes of nerdland, but there is behind the scenes on the big political issues of the day, and i want to ask about those when we come back. stress sweat. it's different than ordinary sweat. it smells worse, and it can happen any time -- to anyone! like when i ran to catch the train to work and a draft blew my skirt up and everybody here saw my unmentionables. yeah, and they aren't even cute. hello, laundry day. no... stress sweat can happen to anyone, anytime -
and the national debt. the president wants to raise the debt ceiling for the 5th time in his administration but he doesn't want to commit to many spending limitations in the future. the house could possibly not give the president the power to raise the debt ceiling in february. >> republicans in congress have two choices here. they can act responsibly and pay america's bills or they can act ir responsibly and put america through another economic crisis. >> so you can see what the president is doing. he wants americans to believe the gop is the problem not massive spending. likewise on the gun control issue. the president wants it to come to a head to highlight republican opposition to limiting guns and ammunition. joining us now from washington fox news political analyst brit hume. seems to me presidethe presiden playing politics rather than problem solving. >> i think you have a point he would like to get republicans into it. i would put it a different way in the sense that i think he would be perfectly happy to get the gun control measure that he favors whatever they turn out to be when the reco
in december. but it would not be with the debt ceiling. the republicans seem to have conceded to the obama. they're worried that obama has the stronger hand on that particular issue. >> what do you think the gop strategy is here, shirra? >> i think they realize that their caucus cannot handle another divisive fight. there are too many factions within the caucus. they don't want another public fight about it. so they're kicking the can down the road and hope things will be more in their favor by then. >> i spoke to some folks on the set this morning, one of whom said they think it's going to be kick the can down the road again, even after this three-month reprieve. do you agree with that? >> i think the debt ceiling thing is going to keep coming up over and over again because the republicans don't want to concede the whole issue to the president. at the same time, the president is so much more popular than congress, it is hard to have a one-on-one fight with someone who's so much more popular than you are. >> absolutely. i would not be surprised if we see kick the can down the road legislat
increase. >> you also will need to have a budget in place in order to come to that debt ceiling debate as the republicans have laid it out at this point and you're also going to be dealing with the deficit and all of the other issues. so are you basically saying you don't think anything's changed here? >> no. i think the republicans have realized it's a political problem and a real problem if we jeopardize the full faith and credit of the united states. i'm not sure they understand we need to pay our bills. they seem to be confused if they only proposed three months. a clean debt ceiling is the only way to go. when we get to march 2nd and the sequester deadline approaches again, we need to focus on a balanced debt ceiling focus. that's what this is about. the americans made a decision. they embrace president obama's idea that we should have revenue and closed tax loopholes for the wealthiest pay more and reduce spending in a balanced way. >> i think what people also hoped that they were voting for was the democrats and republicans would get in a room together and wo
economy hostage. if the house can pass a clean debt ceiling increase and meeting the existing obligations we will be happy to consider it. here we are as i said three days before inauguration and it looks like another fight that the republicans are not prepared to it seems to follow through on despite the threats. >> zachary and i were having a conversation in the green room and i said i don't understand the meaning of a second inauguration for the president. i get it now. the reason we need another inauguration is apparently one party doesn't understand we had an election in november and they lost. which means that you move on and you let the president be the president of the united states. these guys still want to fight the old battles of 2012. >> but they're giving this extension now. >> a three-month extension. the white house should tell them to go shove it. you can't run a government three months at a time. you have to have a long-term planning. bad for the markets. bad for the country. bad for the economy. let's make clear, definitive decisions. you lost. let's come together and co
or so. the president has too deal with the debt ceiling. he wants to pass major immigration reform. >> absolutely. >> chris: do something about climate change. has he told you how much political capital he is willing to spend on what is going to be a very tough fight? >> i think that the president has demonstrated tremendous leadership on this issue. i think the country rallied around him and h his leadership because he really was a voice for the parents who lost a child. >> chris: has he told you how much -- >> and i see from his actions and we hear from the white house and we hear from the vice president that they are going to lay down political capital on the issue and i think the one thing i would say to those people like larry and others who said we can't do anything about these issues is that whether it comes from the background checks or dealing with high capacity magazines which was the issue in newtown we can take action and to say that we should do nothing really doesn't respond to those parents in newtown who lost children in this horrible tragedy. >> chris: thank you bo
not support raising the debt ceiling without reducing government spending at the same time. the consequences of failing to increase the debt ceiling are real, but so, too, are the consequences of allowing our spending problem to go unresolved." joining us is amy kremer, chairwoman of the tea party express. thanks for coming in this morning. >> thanks for having me. >> safe bet you're against raising the debt ceiling without spending cuts. >> the problem is the spending cuts never come. the republicans find themselves in the situation all the time t happened with reagan and bush 41 and with the sequester, it's been put off for two months, the spending cuts never come and we cannot continue down this path with over $16 trillion in debt, and a deficit of $1.4 trillion to $1.6 trillion per year. we're spending $1.6 million per year than we're bringing in. >> you've accused the president of using scare tactics. what do you mean by that? do you think he's lying about what could happen? >> the thing is, you know what, first of all it's not congress that determines if we default. it's the treasury s
Search Results 0 to 18 of about 19 (some duplicates have been removed)